Basking Ridge Real Estate Market Analytics

Real Estate inventory is unbelievably low in Basking Ridge. There are currently only 69 properties for sale including condos, town houses and single family homes in town. Absorption rate is low at 3.8 months, which equates to approximately 10% of annual appreciation, indicating that a seller’s real estate market continues in Basking Ridge. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was some real estate activity in Basking Ridge last week… 6 new properties came on the market, 3 properties were marked under contract and 2 properties closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory continues to be very low in Basking Ridge. There are currently 101 properties for sale including condos, town houses and single family homes in town. Absorption rate is low at 4.4 months, which equates to approximately 5% of annual appreciation, indicating that a seller’s real estate market continues in Basking Ridge. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 8 new properties came on the market, 6 properties were marked under contract and 4 properties closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory continues to be very low in Basking Ridge. There are currently 106 properties for sale including condos, town houses and single family homes in town. Absorption rate is very low at 2.6 months, which equates to approximately 20% of annual appreciation, indicating that a strong seller’s real estate market continues in Basking Ridge. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 9 new properties came on the market, 8 properties were marked under contract and 10 properties closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory continues to be very low in Basking Ridge. There are currently 118 properties for sale including condos, town houses and single family homes in town. Absorption rate is very low at 3.8 months, which equates to approximately 10-15% of annual appreciation, indicating that a strong seller’s real estate market continues in Basking Ridge. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 8 new properties came on the market, 5 properties were marked under contract and 8 properties closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here

Real Estate inventory continues to be very low in Basking Ridge. There are currently 124 properties for sale including condos, town houses and single family homes in town. Absorption rate is very low at 2.4 months, which equates to approximately 15-20% of annual appreciation, indicating that a strong seller’s real estate market continues in Basking Ridge. Of course, absorption rate varies, depending on a price point and there are properties under contract in town that are not marked as such on GSMLS, therefore increasing absorption rate. There was a great deal of real estate activity in Basking Ridge last week… 18 new properties came on the market, 12 properties were marked under contract and 10 properties closed. I will be happy to share my knowledge on Basking Ridge real estate market analytics for a specific price range important to you. Please contact me here